Skip to main content

"Any climate alarmist will tell you that climate change is increasing extreme weather events, but liberal billionaire Warren Buffett easily destroyed that argument. Buffett told CNBC March 3, that extreme weather events haven't increased due to climate change, saying that weather events are consistent with how they were 30-50 years ago. Buffett, who is heavily invested in various insurance markets, said that climate change alarmism has simply made hurricane insurance more profitable, driving up premiums without increasing risk. -

 

Buffett said the supposed increase in extreme weather "hasn't been true so far, Joe. We always think it's cold. We always think it's cold in Omaha. But, it was cold in Omaha 50 years ago." CNBC's Becky Quick asked Buffett on March 3's "Squawk Box" if extreme weather events have increased, affecting insurance markets. Buffett responded that "the effects of climate change, if any, have not affected our - they have not affected the insurance market." Specifically, Buffett rejected claims that hurricanes have increased due to climate change, citing his experience in hurricane insurance. He said "we've been remarkably free of hurricanes in the United States in the last five years." He added "If you are writing hurricane insurance, it has been all profit." Buffett compared the climate to previous decades, dismissing claims that weather events have been more unusual. He said "I think that the public has the impression that because there has been so much talk about climate, that events of the last 10 years, from an insured standpoint on climate, have been unusual. The answer is, they haven't." He argued "You read about these events, but you read about events 30, or 40, or 50 years ago."

http://cnsnews.com/mrctv-blog/...snt-been-true-so-far

 

 

 

TRUTH -- THE NEW HATE SPEECH!

Original Post

Replies sorted oldest to newest

Originally Posted by jtdavis:

30-50 years ago, Warren Buffet was sitting in a climate controlled office, today he's still in a climate controlled office.  It ain't changed.

____________________________________
You really have no idea how he makes his decisions that profit his fund, do you!  Stay isolated like you imagine and one would go broke quickly.  Suggest you research MBWA -- management by walking around. 

Originally Posted by jtdavis:

You really have no idea how he makes his decisions that profit his fund, do you!

 

He probably stays in that air conditioned office.

___________________________________
That is a quick way to lose billions.  One must not only study the audit reports prepared for SEC, but send out people to determine what is behind the numbers.  Then, go yourself.  CEOs and potential large investors like Buffet don't go on those business triips for the fun of it.

 

Proof once more, lefties have not idea have wealth is produced.  No wonder they suffer from terminal envy -- no, you don't get your money for nothing and your chicks for free! 

Originally Posted by Mr. Hooberbloob:
Originally Posted by seeweed:

"Global warming is and will be a problem." Seaweed

 


You're going to feel silly one day for writing this.  You'll either laugh at yourself or be really embarrased for being so foolish.

=======================

Well, one of us will be proven wrong. Maybe me, but it could be you !

 

Originally Posted by seeweed:
Originally Posted by Road Puppy:
Originally Posted by seeweed:

"Global warming is and will be a problem." Seaweed

 

------------------------

LOL! Bring it.

 

'Cuz I'm in the Deep South and I'm currently freezing my ass off.

=========

You are a transplanted Yankee, you should love it ! 

 

----------------------------

Naaaaah. Us yanks don't like it anymore than you do.  We're just more familiar with it.

 

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×